Crypto Fear & Greed Index Falls to 12 as Extreme Fear Deepens
Minseung Kang
Summary
- Cointelegraph said the crypto Fear & Greed Index fell to 12 from 17 a day earlier, moving deeper into extreme fear territory.
- The index dropped an additional 5 points in a single day, signaling continued risk aversion tied to pullbacks in Bitcoin and major altcoins.
- Market participants cite the Federal Reserve's hawkish stance, spot exchange-traded fund (ETF) outflows, and pressure from quarter-end options expiry as factors limiting a recovery in sentiment.
Forecast Trend Report by Period
Investor sentiment in the cryptocurrency market has deteriorated further.
Cointelegraph wrote on X on June 25 that the Crypto Fear & Greed Index fell to 12 from 17 a day earlier, moving deeper into extreme fear territory.
The Fear & Greed Index quantifies investor sentiment in the crypto market, with a reading closer to zero indicating stronger fear. The additional five-point drop in a single day suggests risk aversion is persisting amid pullbacks in Bitcoin and major altcoins.
Market participants cite the Federal Reserve's hawkish stance, outflows from spot exchange-traded funds, and pressure from quarter-end options expiry as factors limiting a recovery in sentiment.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.